Tuesday, December 17, 2024
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sovereign wealth fund

Russia’s ruble is still worth less than a penny, and the Kremlin’s piggy bank for propping it up is running low

The ruble has come off its lows from earlier in the week after the central bank halted all foreign currency...

Middle East’s Top Broadcaster Jumps 10% as Saudi PIF Buys Stake

(Bloomberg) -- The Middle East’s biggest broadcaster surged as much as 10% in Saudi Arabia after the kingdom’s sovereign wealth...

China Wealth Fund Issues Record $29 Billion of Bonds This Year

(Bloomberg) -- Central Huijin Investment Ltd., a unit of China’s sovereign wealth fund that has at times bought equity to...

Nintendo Shares Jump After Saudi Fund Says Open to Bigger Stake

(Bloomberg) -- Nintendo Co.’s shares rose as much as 3.9% after a senior executive with Saudi Arabia’s sovereign wealth fund told local media it’s...

Equinix signs $15 billion joint venture to build U.S. data center infrastructure

(Reuters) - Data center firm Equinix is forming a joint venture with Singapore's sovereign wealth fund GIC and Canada Pension Plan Investment Board with...

Trump and Biden agree: The US should finally start a sovereign wealth fund

The Biden administration appears to be exploring the possibility of a sovereign wealth fund.Last week, Donald Trump proposed a similar idea.The fund could support...

Biden Aides Working on Proposal for US Sovereign Wealth Fund

(Bloomberg) -- Top aides to President Joe Biden have been crafting a proposal to create a sovereign wealth fund that would allow the US...

Australia Sovereign Wealth Fund Eyes Distressed Debt Investments

(Bloomberg) -- Australia’s sovereign wealth fund has been adding distressed debt investments to its hefty private markets portfolio as it sees more potential deals...

Global Borrowing Blitz Led by Blue Chips Selling $43 Billion

(Bloomberg) -- Companies globally are piling into debt markets to sell bonds and loans while they still can.Most Read from BloombergFord Motor Credit Co.,...

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